Multi-Tenant Office
For Sale
$359,000
5-4131 University Blvd S, Jacksonville, FL 32211
Commercial space within an established complex with on-site parking and access to Beach Boulevard and I-95.
Property Size1,840 SF
Price / SF$195.11
Days on Market199
Property Features for 5-4131 University Blvd S
General Information
Standard status
Active
Size
1,840 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,143
Building Details
Tenancy
Multi
Listing Agency:
NEXTHOME ENDLESS SUMMER
(904) 747-6398
Listed By:
ANDREW BELL · License #3618738,PersonLicenseNumber
(904) 294-3739
Source:
Exprealty
Added: Apr 2
Changed: Oct 10
Last Checked: Oct 16 at 9:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEXTHOME ENDLESS SUMMER
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial office unit occupies space within a multi-tenant complex at 4131 University Blvd S #5 in Jacksonville. The property size is listed as 1,840, and the unit includes on-site parking for occupants and visitors.
Access extends to Beach Blvd (US-90) and I-95, placing the property within Jacksonville’s University Boulevard South corridor. The surrounding area includes neighboring businesses and nearby residential communities. The unit is identified as suitable for professional office, medical or wellness, retail, and specialty service uses.
Access extends to Beach Blvd (US-90) and I-95, placing the property within Jacksonville’s University Boulevard South corridor. The surrounding area includes neighboring businesses and nearby residential communities. The unit is identified as suitable for professional office, medical or wellness, retail, and specialty service uses.
Key Highlights
- 1,840 property size
- Located at 4131 University Blvd S #5 in Jacksonville
- Positioned within a multi‑tenant commercial complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,463
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,260
$529.3K
Cap Rate 7%
$378,043
$378.0K
Cap Rate 9%
$294,033
$294.0K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$44.2K $24.00/SF
− Vacancy
−$8.9K −$4.82/SF
EGI
$35.3K $19.18/SF
− OpEx
−$8.8K −$4.79/SF
NOI
$26.5K $14.38/SF
Area
Jacksonville, FL
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,260
Cap Rate 7%
$378,043
Cap Rate 9%
$294,033
Alternative Uses
Best Use
Office B
$378.0K
$330.8K – $441.1K
NOI $26,463 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$504.1K
$441.1K – $588.1K
NOI $35,284 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office units - Commercial space within an established complex with on-site parking and access to Beach Boulevard and I-95.
Where is this office units located?
The property is located at 5-4131 University Blvd S Jacksonville, FL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 1,840 property size; Located at 4131 University Blvd S #5 in Jacksonville; Positioned within a multi‑tenant commercial complex
